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GramFree is an illegitimate investment company that is accepting investors across the universe. The platform is a unique scam that will only leave you high and dry. The venture rewards their clients with grams; however, you have to perform specific tasks for you to earn.
The activities you can perform include; depositing funds, referring people to the website, signing smart contracts, watching videos, and entering the lottery daily. The company requires clients to watch ads, and they will receive grams in returns.
GramFree claims that their clients have accessibility to gain from gram technology. The firm allegedly has incredible services for its customers. The platform is a blockchain-based investment entity. The firm brags that it is secure, scalable, and fast to use.
According to the platform, their best features are observing their customer’s anonymity. Your info will not be shared with anyone once you venture with them. Additionally, they also state that their system is secure and cannot suffer from hackers’ attacks.
It can also handle multiple transactions simultaneously. However, this is not a convenient method that you can rely on to generate income. You can invest with reputable crypto trading software in the market that will create real-time earning for you.
The company also reward their clients once they watch video on their website. The videos that GramFree avail contains the info of the platform and nothing else. It shows the level of laziness that the platform has in place.
Another method that you can use to earn a profit is by inviting people—it not a very appealing way of generating income. The amount of gram that you receive is also minimal. You can only make a profit when your referral reaches level 2.
The company is operating as a pyramid scheme entity. We all know how such organizations end. Once they stop receiving much traffic, their system collapse with investors’ funds; therefore, it would be smart to avoid this venture.
The gram that you earn at this company is not very useful. You need to withdraw them for you to make a decent earning. However, it is essential to keep in mind that GramFree does not allow investors to cash out until they attain 500 grams.
It is not easy to obtain that number of returns. It means you need to work very hard for you to earn a reasonable amount. Nonetheless, the value of gram is not very high compared to another crypto. Five hundred grams is equivalent to $280.
Additionally, it would take you two months to attain that figure. You will find multiple positive feedback from the affiliate of this entity. They promise that you will become rich by venturing with this entity. However, you should know all the requirements before signing up.
How Does GramFree Work
You can make money using this website, but it will take a lot of time and patience, and you need to purchase a gram worth $1,000 for you to gain. You cannot buy anything below this amount. It is unacceptable, and that is much money.
They are considering that this venture does not have investment products or services. GramFree is a Ponzi scheme that markets itself using false information. For starters, they will convince you to buy their gram currency, which is not cheap.
They promise investors huge profits while they do not engage in any investment services. The only income coming on their website is the deposits clients make. The company uses fluff to try and convince you their business is legit.
The company has acquired popularity, all thanks to their existing clients. People are lying that the company is working, yet they only want to drive more traffic. The venture is not genuine, and avoiding them will do you more good. The company is not connected to Telegram
GramFree founder is running the operation of the company in the shadows. We do not know who his qualification in the investment sector. It is worrisome and an unwise decision to trust an anonymous entity.
The information of the team (if any) is also not available. The company is also privately registered. Hence, the information is not accessible from members of the public. The platform lacks a reputation in the industry. GramFree is a new investment venture that was launched in March 2020.
Contact Details and Regulation
The company does not feature any contact detail on its website. GramFree is determined to observe a high level of anonymity. In case you have any problems, there is no means of contacting them. They do not have a telephone number, email address, or live support.
It is crystal clear that the platform does not care about their clients. Furthermore, the company is not regulated by the authority. Hence, they are operating as they please, and investors are the ones who will suffer the most. GramFree is an illegal company.
The company is making money by selling their useless gram to investors. Additionally, they charge their clients whenever they withdraw funds. Lastly, the platform is also generating revenue via ads. Them not being regulated mean their terms can be modified anytime to suit their desires.
The problem with this company is that their investment is not legit. Avoid this platform to avoid losing money. Stay on the lookout for ventures like this one.
The company has multiple complaints from those who have engaged with them in the past. Clients are not happy with the quality of services of GramFree. One client claim that he was a massive recruiter of this entity.
However, he kept getting notifications that there are suspicious activities taking place in his account. The affiliate program is, therefore, limited to him. Investors have already lost money to these monsters. Other clients accuse the company of not processing their withdrawal requests.
Some do not receive the number of grams the platform promise after referral. The company is not a profitable investment venture. The positive reviews are from investors who need to attain their number of referrals. There are better investment opportunities in the market that you can utilize.
The Domain Insight
GramFree.net is a platform that was launched in mid-2020. The platform is shady and only registered for a period of one year. The likelihood of them being in the industry past this duration is minimal. One way that you can identify a Ponzi scheme is by checking them on Whois.
It seems the clients of this entity are working tirelessly to drive traffic at the doorstep of GramFree. The company has very high traffic of 5,415. Their audience comes from Cuba, Venezuela, and India.
GramFree is a ‘get paid to’ company; this means you have to perform a task to earn. The company pays investors to leave positive remarks regarding the operation of the company. Hence, whenever you encounter such information, keep off.
Invest with the legit crypto trading bot in the industry. The trustworthy venture will not steal from you or compromise your safety. Be smart and avoid getting rich quick schemes that subject you to invite investors.
The only thing you will get from this shady venture is a few penny. It is an act of decency for the time you waste and your internet. They want clients to stay in their platform for eternity. Before you earn 500 grams, you need to be very patient.
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